DailyMarkets.com - Forex – Broadly Weaker Dollar Slips Against Swiss Franc
DailyMarkets.com - Forex – Broadly Weaker Dollar Slips Against Swiss Franc |
- Forex – Broadly Weaker Dollar Slips Against Swiss Franc
- 3 Stocks To Watch On Tuesday, August 23
- Crude Oil Futures Rise For Second Day On Weaker Dollar, Libya
- German ZEW Economic Sentiment Falls More-than-expected
- Euro Zone ZEW Economic Sentiment Falls Unexpectedly
- Forex – Dollar Lower Vs. Rivals After Euro Zone, China PMI Data
- Forex Trading: Euro Firmer Following Better Euro Area Data
- Euro Zone Manufacturing PMI Falls Less-than-expected
- Forex – Pound Hits 2-day High Against Dollar On Relief Rally
- Forex Trading: Eurozone PMI Better Than Expected
- Forex – Dollar Slips Against Yen As Intervention Threat Lingers
- German Manufacturing PMI Remains Unchanged Unexpectedly
- Forex – NZD/USD Rallies To 3-day High After China Manufacturing Data
- Forex – AUD/USD Advances To 2-day High After China PMI Data
- French Manufacturing PMI Falls More-than-expected
- Asian Shares Add To Gains After China Data; Nikki Adds 1.23%
- Forex – EUR/USD Higher Ahead Of Euro Zone PMI Data
- Forex Trading: EUR/$ Resistance Around 1.4377
- Momentum Stock: Twin Disc, Inc.
- Growth & Income Stock: Franklin Electric Co., Inc.
- Aggressive Growth Stock: Cabela's Inc.
- Bull Of The Day: Fastenal Co. (FAST)
- Bear Of The Day: Cincinnati Financial (CINF)
- Forex – EUR/USD Up During The Asian Session
- Forex – GBP/USD Up In Asian Trade
- NZ Inflation Expectations Cool, RBNZ Likely To Wait Till Dec. To Hike Rates
- Forex – EUR/CHF Down In Asian Trading Hours
- Forex – USD/CHF Down During Asian Trade
- Gold Bullion Moves Parabolic: Look For Mining Stocks To Play Catch Up
- Forex – USD/JPY Edges Lower In Mid-day Asian Trade
- EUR/USD Is Range-bound Before The Release Of European Manufacturing And Services PMIs
- Asian Stocks Rebound In Mid-day Trade; Nikkei Adds 0.6%
- Gold Futures Add To Record Highs In Early Asian Trade
- Crude Oil Futures Fall In Early Asian Trade
- Breakeven Rates: 1% For 2-Year And 2% Fo 10-Year
- Gold Daily Fundamental Analysis For August 23, 2011
- Crude Oil Daily Fundamental Analysis For August 23, 2011
- Natural Gas Daily Fundamental Analysis For August 23, 2011
Forex – Broadly Weaker Dollar Slips Against Swiss Franc Posted: 23 Aug 2011 03:10 AM PDT Forexpros – The U.S. dollar slipped against the Swiss franc on Tuesday, while a report earlier showed that Swiss exports declined more-than-expected in July as the franc’s appreciation hit competitiveness.<br /><br />USD/CHF hit 0.7854 during European morning trade, the daily low; the pair subsequently consolidated at 0.7873, shedding 0.36%.<br /><br />The pair was likely to find support at 0.7768, the low of August 16 and resistance at 0.7958, the high of … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards |
3 Stocks To Watch On Tuesday, August 23 Posted: 23 Aug 2011 02:43 AM PDT ( click to enlarge ) AutoZone, Inc. (NYSE:AZO) is strong and getting stronger every day it seems. If it can close above $298,34, then expect more upside. If this happens, AZO is a good play. The daily chart shows the stock is on a strong bull market as the stock is trading above 50-day and 200-day moving with both moving average pointing upwards. I think the stock should continue to go up. ( click to enlarge ) Pan American Silver Corp. (NASDAQ:PAAS) had a good move Monday. The stock … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards |
Crude Oil Futures Rise For Second Day On Weaker Dollar, Libya Posted: 23 Aug 2011 02:34 AM PDT Forexpros – Crude oil futures rose for a second day on Tuesday, on the back of a broadly weaker dollar and amid expectations that it would take some time for Libya to resume oil production as fighting continued in the country’s capital.<br /><br />On the New York Mercantile Exchange, light, sweet crude futures for delivery in October traded at USD85.64 a barrel during European morning trade.<br /><br />It earlier rose as much as 1.89% to trade at USD86.05 a … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards |
German ZEW Economic Sentiment Falls More-than-expected Posted: 23 Aug 2011 02:15 AM PDT Forexpros – German ZEW economic sentiment index fell more-than-expected last month, data showed on Tuesday.<br/><br/> In a report, the ZEW Centre for Economic Research said its index of German business sentiment fell to -37.6, from -15.1 in the preceding month .<br/><br/> Analysts had expected German ZEW economic sentiment to fall to -26.0 last … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards |
Euro Zone ZEW Economic Sentiment Falls Unexpectedly Posted: 23 Aug 2011 02:10 AM PDT Forexpros – The euro zone’s ZEW economic sentiment index fell unexpectedly last month, official data showed on Tuesday.<br/><br/>In a report, ZEW said that Euro zone ZEW economic sentiment fell to a seasonally adjusted -40.0, from -7.0 in the preceding month.<br/><br/>Analysts had expected Euro zone ZEW economic sentiment to rise to -6.2 last … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards |
Forex – Dollar Lower Vs. Rivals After Euro Zone, China PMI Data Posted: 23 Aug 2011 01:46 AM PDT Forexpros – The U.S. dollar was lower against all of its major counterparts on Tuesday, after better than expected manufacturing data from Germany and China eased concerns over the outlook for global economic growth.<br /><br />During European morning trade, the greenback was down against the euro, with EUR/USD advancing 0.81% to hit 1.4475.<br /><br />Preliminary data showed that Germany’s manufacturing purchasing managers’ index came in at 52.0 … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards |
Forex Trading: Euro Firmer Following Better Euro Area Data Posted: 23 Aug 2011 01:44 AM PDT Earlier we were testing 1.43778 in the EUR/USD; the pair is trading nearly 100 pips higher following better PMI data out of France, Germany, and the Eurozone. From a daily persepective, we have broke through a downward trendline (which has been developing since June 7th) and it appears tha next bullish target is … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards |
Euro Zone Manufacturing PMI Falls Less-than-expected Posted: 23 Aug 2011 01:35 AM PDT Forexpros – The euro zone’s manufacturing PMI fell less-than-expected last month, preliminary data showed on Tuesday.<br/><br/> In a report, research group Markit said the euro zone’s manufacturing PMI fell to 49.7, from 50.4 in the preceding month.<br/><br/> Analysts had expected the euro zone’s manufacturing PMI to fall to 49.5 last … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards |
Forex – Pound Hits 2-day High Against Dollar On Relief Rally Posted: 23 Aug 2011 01:20 AM PDT Forexpros – The pound advanced to a two-day high against the U.S. dollar on Tuesday, tracking the euro’s gains on the back of a relief rally sparked by better-than-expected manufacturing data from Germany and China.<br /><br />GBP/USD hit 1.6558 during early European trade, the pair’s highest since August 19; the pair subsequently consolidated at 1.6550, gaining 0.58%.<br /><br />Cable was likely to find support at 1.6435, Monday’s low and … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards |
Forex Trading: Eurozone PMI Better Than Expected Posted: 23 Aug 2011 01:02 AM PDT Services PMI: Survey: 50.9 Actual: 51.5 Prior: 51.6 Euro continues to makes gains across the … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards |
Forex – Dollar Slips Against Yen As Intervention Threat Lingers Posted: 23 Aug 2011 01:00 AM PDT Forexpros – The U.S. dollar slipped against the yen on Tuesday, edging down to a daily low, as Japanese authorities reiterated their readiness to conduct a fresh currency market intervention to curb the yen’s gains.<br /><br />USD/JPY hit 76.64 during late Asian trade, the daily low; the pair subsequently consolidated at 76.65, sliding 0.18%.<br /><br />The pair was likely to find support at 75.94, Friday’s low and the pair’s all-time low … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards |
German Manufacturing PMI Remains Unchanged Unexpectedly Posted: 23 Aug 2011 12:40 AM PDT Forexpros – Germany’s manufacturing PMI remained unchanged unexpectedly last month, preliminary data showed on Tuesday.<br/><br/>In a report, Markit Economics said that German manufacturing PMI remained unchanged at a seasonally adjusted 52.0, from 52.0 in the preceding month.<br/><br/>Analysts had expected German manufacturing PMI to fall to 50.6 last … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards |
Forex – NZD/USD Rallies To 3-day High After China Manufacturing Data Posted: 23 Aug 2011 12:32 AM PDT Forexpros – The New Zealand dollar rallied to a three-day high against its U.S. counterpart on Tuesday, as better-than-anticipated data on Chinese manufacturing activity eased fears over a slowdown in the world’s second largest economy.<br /><br />NZD/USD hit 0.8326 during late Asian trade, the pair’s highest since August 18; the pair subsequently consolidated at 0.8320, jumping 0.98%.<br /><br />The pair was likely to find support at 0.8157, … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards |
Forex – AUD/USD Advances To 2-day High After China PMI Data Posted: 23 Aug 2011 12:16 AM PDT Forexpros – The Australian dollar advanced to a two-day high against its U.S. counterpart on Tuesday, after the release of data showing that activity in China’s manufacturing sector slowed less-than-expected boosted appetite for higher yielding assets.<br /><br />AUD/USD hit 1.0483 during late Asian trade, the pair’s highest since August 19; the pair subsequently consolidated at 1.0474, gaining 0.64%.<br /><br />The pair was likely to find support … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards |
French Manufacturing PMI Falls More-than-expected Posted: 23 Aug 2011 12:10 AM PDT Forexpros – ance’s manufacturing PMI fell more-than-expected last month, preliminary data showed on Tuesday.<br/><br/>In a report, Markit Economics said that French manufacturing PMI fell to a seasonally adjusted 49.3, from 50.5 in the preceding month.<br/><br/>Analysts had expected French manufacturing PMI to fall to 49.7 last … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards |
Asian Shares Add To Gains After China Data; Nikki Adds 1.23% Posted: 22 Aug 2011 11:57 PM PDT Forexpros – Asian stock markets added to earlier gains on Tuesday, after better-than-anticipated data on Chinese manufacturing activity eased concerns over a slowdown in the world’s second largest economy.<br /><br />During late Asian trade, Hong Kong’s Hang Seng Index rose 1.31%, Australia’s ASX/200 Index jumped 2.23%, while Japan’s Nikkei 225 Index climbed 1.22%.<br /><br />A preliminary reading of the HSBC’s China purchasing managers’ … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards |
Forex – EUR/USD Higher Ahead Of Euro Zone PMI Data Posted: 22 Aug 2011 11:24 PM PDT Forexpros – The euro was higher against the U.S. dollar on Tuesday, as risk appetite was supported by better-than-anticipated Chinese manufacturing data, while investors awaited the release of preliminary PMI data from the single currency bloc.<br /><br />EUR/USD hit 1.4393 during late Asian trade, the daily high; the pair subsequently consolidated at 1.4391, rising 0.23%.<br /><br />The pair was likely to find support at 1.4258, the low of July 19 and a four-day low … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards |
Forex Trading: EUR/$ Resistance Around 1.4377 Posted: 22 Aug 2011 11:14 PM PDT The market has been pretty quiet since Asia left and we're awaiting the arrival of Europe. Currently we are seeing some resistance in the EUR/USD around 1.43778; the 38.2% retracement line on the move from the low to the high last Friday. Additional resistance is added by the 100 hour moving average at 1.43802; if it holds, we look to the 50.0% line as our … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards |
Momentum Stock: Twin Disc, Inc. Posted: 22 Aug 2011 11:05 PM PDT Twin Disc, Inc. (NASDAQ:TWIN) looks like a bright spot in a weak market, still trading in elevated territory in spite of posting huge gains over the last two years. With an average earnings surprise of 93% over the last four quarters and bullish growth projection, this Zacks #1 rank stock is a solid industrial pick for momentum. |
Growth & Income Stock: Franklin Electric Co., Inc. Posted: 22 Aug 2011 11:05 PM PDT The question on every investor’s mind right now is whether or not another recession is right around the corner. While there has been a recent string of weak economic data, Franklin Electric Co., Inc. (NASDAQ:FELE) is showing no signs of slowing down. |
Aggressive Growth Stock: Cabela's Inc. Posted: 22 Aug 2011 11:05 PM PDT Cabela’s Inc. (NYSE:CAB) analysts have been consistently raising estimates, pushing shares to a Zacks #1 Rank (Strong Buy). Combine that with the recent market correction and you have some excellent valuations as well. |
Bull Of The Day: Fastenal Co. (FAST) Posted: 22 Aug 2011 11:05 PM PDT Fastenal Co. (NASDAQ:FAST) is one of the leading distributors of industrial and construction supplies and fasteners. It has a diversified customer base that helps it retain its market position even during the toughest times. Moreover, the hub and spoke model employed to improve the level of customer services will also increase customer satisfaction and benefit its business going forward. |
Bear Of The Day: Cincinnati Financial (CINF) Posted: 22 Aug 2011 11:05 PM PDT We downgraded our recommendation on Cincinnati Financial (NASDAQ:CINF) following the wider-than-expected operating loss reported by the company in second quarter 2011 owing to huge cat losses. Moreover, the Commercial Lines segment will remain somewhat weak due to the sluggish economy, although the decline in business is moderating. |
Forex – EUR/USD Up During The Asian Session Posted: 22 Aug 2011 10:55 PM PDT Forexpros – The Euro was higher against the U.S. Dollar on Tuesday.<br/><br/> EUR/USD was trading at 1.4380, up 0.15% at time of writing.<br/><br/> The pair was likely to find support at 1.4260, Friday’s low, and resistance at 1.4452, Friday’s high.<br/><br/> Meanwhile, the Euro was down against the British Pound and up against the Japanese Yen, with EUR/GBP shedding 0.02% to hit 0.8725 and EUR/JPY rising 0.15% to hit … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards |
Forex – GBP/USD Up In Asian Trade Posted: 22 Aug 2011 10:25 PM PDT Forexpros – The British Pound was higher against the U.S. Dollar on Tuesday.<br/><br/> GBP/USD was trading at 1.6480, up 0.16% at time of writing.<br/><br/> The pair was likely to find support at 1.6421, Thursday’s low, and resistance at 1.6618, Friday’s high.<br/><br/> Meanwhile, the British Pound was up against the Euro and the Japanese Yen, with EUR/GBP shedding 0.06% to hit 0.8722 and GBP/JPY rising 0.19% to hit … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards |
NZ Inflation Expectations Cool, RBNZ Likely To Wait Till Dec. To Hike Rates Posted: 22 Aug 2011 10:15 PM PDT Business managers inflation expectations eased in the 3rd quarter: |
Forex – EUR/CHF Down In Asian Trading Hours Posted: 22 Aug 2011 09:55 PM PDT Forexpros – The Euro was lower against the Swiss Franc on Tuesday.<br/><br/> EUR/CHF was trading at 1.1329, down 0.15% at time of writing.<br/><br/> The pair was likely to find support at 1.1242, Thursday’s low, and resistance at 1.1517, Thursday’s high.<br/><br/> Meanwhile, the Euro was up against the U.S. Dollar and the Japanese Yen, with EUR/USD gaining 0.08% to hit 1.4370 and EUR/JPY rising 0.08% to hit … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards |
Forex – USD/CHF Down During Asian Trade Posted: 22 Aug 2011 09:25 PM PDT Forexpros – The U.S. Dollar was lower against the Swiss Franc on Tuesday.<br/><br/> USD/CHF was trading at 0.7877, down 0.32% at time of writing.<br/><br/> The pair was likely to find support at 0.7808, Friday’s low, and resistance at 0.7990, Thursday’s high.<br/><br/> Meanwhile, the U.S. Dollar was down against the Euro and the Japanese Yen, with EUR/USD gaining 0.09% to hit 1.4371 and USD/JPY falling 0.01% to hit … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards |
Gold Bullion Moves Parabolic: Look For Mining Stocks To Play Catch Up Posted: 22 Aug 2011 08:15 PM PDT Uncertainty and fear are the mother's milk of the metal's market. Our pundits, politicians and professors have given us plenty of reasons to question whether these supposed savants are steering with a working compass. One day headlines proclaim, "Bernanke Ready To Do More If Needed". Then we later read that the Professor is playing down the possibility of additional quantitative easing due to internal dissent. This cold water is being doused on the markets after evoking these hopes. |
Forex – USD/JPY Edges Lower In Mid-day Asian Trade Posted: 22 Aug 2011 08:05 PM PDT Forexpros – <div>Forexpros – The U.S. dollar moved lower against the Japanese yen in Asian trade Tuesday, as dealers in the region await the Federal Reserve Bank’s next move to address the ailing U.S. economy.</div><div><br /></div><div>In mid-day Asian trade USD/JPY hit 76.94, the pair’s highest since last Friday; the pair subsequently consolidated at 76.77, falling 0.05%. </div><div><br … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards |
EUR/USD Is Range-bound Before The Release Of European Manufacturing And Services PMIs Posted: 22 Aug 2011 07:09 PM PDT Prev: EUR/USD Bulls Continue to Dominate Price Action; Marabuzo Engulfs Bearish Candles (8/22) Resistance 2: 1.4517 |
Asian Stocks Rebound In Mid-day Trade; Nikkei Adds 0.6% Posted: 22 Aug 2011 07:03 PM PDT Forexpros – <p style=”font: normal normal normal 12px/normal Helvetica; margin: 0px”><span style=”letter-spacing: 0px”>Forexpros – Asian stocks advanced Tuesday, bouncing back from session losses suffered last week as exporters got a lift from an overnight gain on Wall Street.</span></p> <p style=”font: normal normal normal 12px/normal Helvetica; min-height: 14px; margin: 0px”> </p> <p style=”font: normal normal normal 12px/normal Helvetica; … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards |
Gold Futures Add To Record Highs In Early Asian Trade Posted: 22 Aug 2011 06:21 PM PDT Forexpros – <p style=”font: normal normal normal 12px/normal Helvetica; margin: 0px”><span style=”letter-spacing: 0px”>Forexpros – Gold futures extended gains in Asian trade Tuesday, reaching record highs as dealers continue to covet the precious metal as a safe-haven investment in light of continued volatility in global equity markets.</span></p> <p style=”font: normal normal normal 12px/normal Helvetica; min-height: 14px; margin: 0px”><span … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards |
Crude Oil Futures Fall In Early Asian Trade Posted: 22 Aug 2011 05:44 PM PDT Forexpros – <p style=”font: normal normal normal 12px/normal Helvetica; margin: 0px”><span style=”letter-spacing: 0px”>Forexpros – Crude oil futures retreated in Asian trade Tuesday, as the outlook for a near end to civil strife in Libya sparked expectations of a resumption of Libyan production and a rise in global stockpiles.</span></p> <p style=”font: normal normal normal 12px/normal Helvetica; min-height: 14px; margin: 0px”> </p> <p … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards |
Breakeven Rates: 1% For 2-Year And 2% Fo 10-Year Posted: 22 Aug 2011 05:43 PM PDT “Breakeven rates” are the differences in yields on regular and inflation-indexed T-notes over the same time horizon, and are measures from the bond market of the expected rates of inflation over those time horizons. The current 2-year “breakeven rate” is less than 1% (0.935%, top chart), and down significantly from the recent peak of 2.67% in late April, and now at the lowest level since last year. The 10-year breakeven rate is trading at just slightly above 2% (2.046%), and was … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards |
Gold Daily Fundamental Analysis For August 23, 2011 Posted: 22 Aug 2011 02:37 AM PDT By CommoditiesMansion.com |
Crude Oil Daily Fundamental Analysis For August 23, 2011 Posted: 22 Aug 2011 02:37 AM PDT By CommoditiesMansion.com |
Natural Gas Daily Fundamental Analysis For August 23, 2011 Posted: 22 Aug 2011 02:36 AM PDT By CommoditiesMansion.com |
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